Why bitcoin rate is stable since june 2016 - page 5.

Ayers

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Quote from: pissedoff on October 03, 2016, 08:35:37 AM

I think the bitcoin market rate is stable since june is because there hasn't been any major good new or bad news to push the price downward or upward.

i think you can without doubt see pump without the need of bad news or good news, this happened in the past, so whales can pump and dump the market, at will, and it happen at random, i also think we are near another pump, this is why many are buying back and the price returned to $600+, it's a mental thing

sirohige

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Quote from: pissedoff on October 03, 2016, 08:35:37 AM

I think the bitcoin market rate is stable since june is because there hasn't been any major good new or bad news to push the price downward or upward.

agree with you the price is very stable now, at $600 above, so i think it's good day to start buying bitcoin and holding it

or we can mining it too

pissedoff

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I think the bitcoin market rate is stable since june is because there hasn't been any major good new or bad news to push the price downward or upward.

Seansky

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Bitcoin's rate in stable since june 2016 I think because of two reasons. The first reason is that many expects to see bitcoin's price to rise by the end of the year. It is quite good though that it is stable at 600$. The second reason is that maybe because of the past halving and many whales are trying to stabilize the price just my guest though but I expect it like others to rise before the end of this year.

nindie

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because now still conslodation price
but in end year i think bitcoin can up and rise until one bitcoin price 800 dollar

Chennai

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Quote from: NewInCryptoCurrency on September 30, 2016, 04:37:05 PM

It was stable and the fact is that this was because of the fact it had not a lot of buyers or any evens in that time.
I think that that is the reason.

As the price is worthy now being stable around $600, many tend to either keep it in their wallet or buy more bitcoins. The circulation is bit less then compared to earlier days. As said this may be one of the reasons for the price being stable and do not have a big hike in it. As this stability is lasting for more than a month, many focuses on doubling the bitcoins now either through buying more bitcoins or earning more bitcoins. This would certainly pile their wallet with more profit in future.

NewInCryptoCurrency

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It was stable and the fact is that this was because of the fact it had not a lot of buyers or any evens in that time.
I think that that is the reason.

serjent05

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Quote from: BlackPanda on September 30, 2016, 08:29:00 AM

now there is no news that could make bitcoin prices fluctuate. news even as halving not affect the price of bitcoin. the market is shown being lethargic and listless. possible effects of the Christmas holiday can later make bitcoin prices rising high. I hope .

I agree not much of happening at this point except for the upcoming Segwit update that may push the price of bitcoin upto 700 usd -- 800 usd if it is played and advertised greatly. Since I heard this update will enable bitcoin for future upgrades and updates which is a good reason enough to gain more trust from the people.

Sandroxa

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Quote from: BlackPanda on September 30, 2016, 08:29:00 AM

now there is no news that could make bitcoin prices fluctuate. news even as halving not affect the price of bitcoin. the market is shown being lethargic and listless. possible effects of the Christmas holiday can later make bitcoin prices rising high. I hope .

I also think that the time of chrismas can indeed make the bitcoin go up, there is a good chance that this will happen most likely.
Lets be patient and hope on some price increasings soon or later it has too happen.

BlackPanda

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now there is no news that could make bitcoin prices fluctuate. news even as halving not affect the price of bitcoin. the market is shown being lethargic and listless. possible effects of the Christmas holiday can later make bitcoin prices rising high. I hope .

1Referee

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Quote from: sempak on September 29, 2016, 08:34:55 AM

I think bitcoin prices are very stable because it is influenced by several factors. one of which is the economic system in the real world today still has a modest improvement. even some of the region in a state that fell.

Bitcoin is just moving in its own phase and on its own terms forward. The real world has no influence on the price at this point.

sempak

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I think bitcoin prices are very stable because it is influenced by several factors. one of which is the economic system in the real world today still has a modest improvement. even some of the region in a state that fell.

rio3233

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Because nothing happened since the halving start. Even after the bitfinex hack, the price comeback to normal and become stable until now. If something bad happened again, i'm sure the price will decrease.

LarryHocks

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I don't think it is stable yet. We have seen the price reach 760 dollar. Then go back t0 640, then with the bitfinex hack see it even drop to 550 dollar.
You can tell me a lot, hat that is not stability. At least not the kind of stability bitcoin needs to attract more investors.

n691309

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Quote from: marleybobthedog on September 21, 2016, 01:11:27 PM

Can you please tell in brief that why bitcoin rate is stuck at around $600. I am confused wether to buy bitcoin or sell. I am very conscious about its future. So please stamp your own views here.

I would say that after the bitfinex hack and after that price crash the bitcoin price has a stable price as ~$600 and I think one of the reason can be that people may lose their interest in bitcoin and invest in some other alternatives or traders are taking a break and be back at the end of the year with surprises.

NewInCryptoCurrency

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The bitcoin price was pretty stable due to the fact there was not happening a lot with the bitcoin, the halving was done and people are not selling and buying so that is the reason why.

SvenBomvolen

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Why people here have problem with stability? It`s good for bitcoin to be stable for some period of time, people can have more trust in that. Natural rise is always better then some pump. Stable price show how something is strong on the market in some point, with up coming new year price can go up. Constant grow would be to strange, it would be visible that someone is pumping the price like its some scam. That is like some other crypto coin that is made just for that purpose.
I`m satisfied with this price, faucets are giving more then they would give on higher price. This just give me more time to collect more satoshis before the rise.

rickadone

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Quote from: john2231 on September 28, 2016, 11:13:36 AM

I think bitcoin price is not stable because we already experience of price crash this year when bitfinex hack happen and i think the price right now is low than few months ago..

Yes, bitcoin prices had faced a selling pressure when bitfinex hack happened and also bitcoin has bounced back to $620 price levels after that. Overall, we could say bitcoin prices are not so stable since June 2016 , but it keeps on showing ups and downs as usual for supporting bitcoin traders to make profits by using these fluctuations.

john2231

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I think bitcoin price is not stable because we already experience of price crash this year when bitfinex hack happen and i think the price right now is low than few months ago..

thejaytiesto

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Whales are in acumulation phase, they are getting as much cheap bitcoin as possible and nowadays 600 dollars is considered cheap. Big things are comming soon to bitcoin and they know it, so the price is going to explode.

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